Mar 15th Daily Review on Polyester Prices
Author: Emma Mar 15, 2012 14:51
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Partial quotations in Jiangsu MEG Market are around 7500-7600 Yuan/ton today. Buyers offer 7400-7500 Yuan/ton. The discussions of orders in medium quantities stay at 7500 Yuan/ton.
Today, PTA price dropped in North China. Leading quotations on market are around v 8850-8900 Yuan/ton. The downstream bidding offerings were around 8750 Yuan/ton. The practical discussions were around 8800 Yuan/ton. The market is still mild and lack of negotiation.
Today, polyester bottle chips price keeps stable in China. Leading manufacturers quoted the goods for 11900-12000 Yuan/ton by cash. The downstream bidding price was around 11750 Yuan/ton and the practical discussions were around 11750-11850 Yuan/ton by cash.
Today, the market price of polyester staple fiber turned downtrend. Leading quotations continued to fall down. At present, 1.4D*38mm direct spinning PSF is quoted 11400-11500 Yuan/ton in East China.
Today, a leading direct spinning manufacturer in Shengze decreased the quotation of polyester yarn by 100-200 Yuan/ton. At present, FDY 50D/48F is quoted 14600 Yuan/ton by 6-month acceptance and DTY 150D/288F for 14400 Yuan/ton by 6-month acceptance.
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Editor: qjydavid From: 168Tex.com
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